Payscout: A Story of Growth as a Leading Minority-Owned Business in Los Angeles
At Payscout, our history is built on milestones that reflect both our rapid growth and our core identity. A significant point of pride was our recognition by the Los Angeles Business Journal, which ranked Payscout #38 on its list of the 100 Largest Minority-Owned Companies.
This acknowledgment stands as a testament to our journey and our commitment to driving innovation from a foundation of diverse leadership.
More Than Revenue: A Story of Exceptional Growth
While the Los Angeles Business Journal list determines its rankings by annual revenue, it also highlights the growth trajectory of each company. In this area, Payscout truly stood out.
Among the 100 distinguished companies on the list, Payscout achieved the fourth highest growth rate from 2015-2016. This incredible pace is central to our vision of becoming the world’s thought-leading and fastest-growing global payment processing provider. This achievement showcased our ability to scale rapidly while delivering excellence.
The Importance of Diverse Leadership
To qualify for consideration, companies must be at least 50% minority-owned. Payscout, co-founded and owned by Cleveland Brown and Manpreet Singh, is proud to be a 100% minority-owned business. This structure is not just a statistic; it is woven into our company culture and our approach to solving global challenges with a broad perspective. Diverse leadership fosters a more resilient, creative, and globally-attuned organization.
Driving Innovation in a Dynamic Economy
In a vibrant economic hub like Los Angeles, minority-owned businesses are a powerful force for innovation and community development. They are essential to the ecosystem, creating jobs and introducing fresh ideas that enrich the entire region. Recognition on prestigious lists like the LABJ’s highlights the significant contributions these companies make. For Payscout, being celebrated as a top minority-owned business in Los Angeles was an affirmation of our impact and our role in shaping a more inclusive and dynamic future for the industry.